Draft Agenda 6th COMCEC CAPITAL MARKETS REGULATORS FORUM MEETING 31 October 2017 Istanbul, Turkey Le Méridien Istanbul Etiler http://www.lemeridienistanbuletiler.com/tr Hosted by the CMB Turkey - the Secretariat of the Forum
TUESDAY, OCTOBER 31, 2017 9.30 10.00 Venue: Registration Le Méridien Istanbul Etiler 6 th COMCEC CAPITAL MARKETS REGULATORS FORUM MEETING 10.00 10.30 COMCEC CMR Forum Chairman and COMCEC Coordination Office Opening Remarks 10.00 10.15 Dr. Vahdettin ERTAŞ COMCEC Capital Market Regulators Forum Capital Markets Board of Turkey Chairman Adoption of the Agenda 10.15 10.30 Selçuk KOÇ Director COMCEC Coordination Office 10.30 11.15 MARKET DEVELOPMENT TASK FORCE SESSION: Market Infrastructure Development Survey & Report Kuwait Capital Markets Authority (CMA), as the Chair of the Forum Market Development Task Force has launched an initiative on Market Infrastructure Development in 2017. The objective of the initiative is to draft Questionnaire and a Markets Infrastructure Development Report to produce thoughts on the following topics; 2
1. The market structure for all member countries and the composition of the post-trade model elements and its relation with the securities exchange. 2. The investment products available in each country, analysis of the trading data and specific settlement requirements for those instruments. 3. The rules and regulations set by the authorities to render those products available. 4. The tools made available by regulatory authorities to have a solid risk management framework and the role that the authority plays to minimize systemic risk. 5. The importance of adhering to the best practices and international standards set by international bodies such as IOSCO, FTSE and MSCI, and the role of authorities reaching such standards and the major obstacles faced during this process. 6. The level of cooperation between regulatory authorities and market participants and mechanism used to achieve the authority s goals through market participants. In line with the COMCEC s main objectives for producing, disseminating knowledge and sharing best-practices among the Member States, CMA, Kuwait has conducted the survey and drafted the Survey Report. Mr. Fawaz Boresli Capital Markets Risk Management and Assesment-Manager Capital Markets Authority, Kuwait 11.15-11.30 Market Infrastructure Development Survey & Report Questions and Answers Session 11.30-11.45 11.45 12.30 Coffee Break and Family Picture FINANCIAL LITERACY TASK FORCE SESSION Financial Literacy Task Force Questionnaire "Financial Literacy Initiatives Review" Financial Literacy Initiatives Review", drafted by the Task Force s Chair (Securities and Exchange Organization of Iran) Financial Literacy Task Force aims to prepare a magazine named Financial Literacy Review by information collected regarding initiatives conducted in different aspects of financial literacy during 2016 and 2017. By this initiative/review TF aims to promote particular innovations in COMCEC member states which can be discussed or patterned for other jurisdictions. 3
Mr. Mir Meisam Seied Hoseini Senior Expert of the Research, Development and Islamic Studies Department Securities & Exchange Organisation, Iran 12:30-14:00 LUNCH 14:00-15:30 RECENT DEVELOPMENTS ON ISLAMIC FINANCE Mr. Melikşah UTKU CEO and General Manager Albaraka Turk Participation Bank HE Amb. Musa KULAKLIKAYA General Director SESRIC 15:30-16:00 REGULATORY and FINANCIAL MARKET UPDATES of FORUM MEMBER COUNTRIES (tour de table) 16:00-16:30 OTHER ISSUES Future Co-Operation/Work Programme for 2018 Islamic Finance Task Force - Workshop on Sukuk Designation of Chairman Closing Remarks 4